VANCOUVER, British Columbia, January 25, 2023
watermelon The award-winning green extraction process will isolate and extract critical non-graphite minerals from the Graphite Creek raw material
Sandia Program is Graphite One’s Second US National Laboratory Collaboration
VANCOUVER, BC, January 25, 2023 /PRNewswire/ – Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One” or the “Company” or “G1”) is pleased to announce its wholly owned subsidiary, Graphite One (Alaska) Inc., has provided material from its Graphite Creek deposit to Sandia National Laboratories in Albuquerque, New Mexicoas part of watermelon green extraction processing work, conducted under the auspices of watermelon Climate Change Security Center with an inter-organizational team of technical experts. The project is funded by watermelon Laboratory-directed research and development program.
watermelon The patent-pending process received a prestigious R&D 100 award, “Special GOLD Recognition in Green Technology for Environmentally Benign Extraction of Critical Metals Using Supercritical CO22-Solvent Based” in 2021. watermelon method uses supercritical CO2 in combination with a food grade additive to extract rare earths and other critical minerals. watermelon will test the Graphite Creek material as a potentially critical mineral-rich carbonaceous feedstock.
“We are pleased that watermelon will apply his innovative process to the Graphite Creek material,” said Antonio HustonCEO of Graphite One. “We are excited about the potential for value-added applications that identify Graphite Creek flake graphite as a unique resource and watermelon The process will provide us with important insights into that potential with implications for how we unlock the value of G1’s additional critical minerals.”
Second G1 involvement with US National Labs
He watermelon The project follows G1’s Materials Test Announcement (“MTA”) with the Pacific Northwest National Laboratory (“PNNL”). According to the MTA, PNNL will test the active anode and other materials to verify compliance with electric vehicle battery specifications. The first materials to be tested will be the active anode materials now being produced as samples by Sunrise New Energy Material Co. Ltd (“Sunrise”) using graphite from the company’s Graphite Creek property in Alaska. These samples will be sent to US electric vehicle manufacturers for evaluation as a possible source of battery materials. Graphite One and Sunrise previously announced their intention to enter into a technology license agreement to share expertise and technology for the design, construction and operation of the Company’s planned advanced graphite materials manufacturing facility in washington state.one
Graphite One National Supply Chain Strategy
With the United States Currently 100 percent dependent on the import of natural graphite, Graphite One plans to develop a comprehensive, state-of-the-art graphite supply chain solution based in the US anchored at the Graphite Creek resource near Name, Alaska. The Graphite One project plan is anticipated to include an advanced graphite material and battery anode fabrication facility to be located at washington state. The plan also includes a recycling facility to recover graphite and other battery materials, to be located at the washington state site, the third link in Graphite One’s circular economy strategy.
As announced on March 7, 20222Graphite One’s Graphite Creek resource in Alaska has been cited as the largest known graphite deposit in the United States by the US Geological Survey in its updated database of US mineral deposits.
The USGS report confirms Alaska Governor by mike dunleavy statement of support for the designation of Graphite One as a US Government High Priority Infrastructure Project stating that “Graphite Creek is the largest graphite deposit in the nation and would be a superior national supply of this critical mineral “.
About Sandia National Laboratory
For more than 70 years, watermelon has provided essential science and technology to solve the nation’s most challenging security problems.
Sandia National Laboratories is operated and managed by National Technology and Engineering Solutions of watermelonLLC., a wholly owned subsidiary of Honeywell International, Inc. National Technology and Engineering Solutions of watermelon operates Sandia National Laboratories as a contractor to the US Department of Energy’s National Nuclear Security Administration (NNSA) and supports numerous federal, state and local government agencies, businesses and organizations.
As a Federally Funded Research and Development Center (FFRDC), watermelon You can perform work for industry in response to certain types of requests from the federal government. The application must allow the participation of the FFRDC and meet the requirements of watermelon management and operation contract with DOE/NNSA.
About Graphite One Inc.
GRAPHITE ONE INC. (TSX–V: GPH; OTCQX: GPHOF) continues to develop its Graphite One Project (the “Project”), with the goal of becoming a US producer of high-quality anode materials that are integrated with a domestic graphite resource. The Project is proposed as a vertically integrated company to extract, process and manufacture high-grade anode materials primarily for the lithium-ion electric vehicle battery market. As set out in the Company’s 2022 Pre-Feasibility Study, potential graphite mineralization mined from the Company’s Graphite Creek Property is expected to be processed into concentrate at a graphite processing plant. The proposed processing plant would be located on the Graphite Creek Property located in the Seward Peninsula about 60 kilometers north of Name, Alaska. Graphite anode materials and other value-added graphite products would be manufactured from the concentrate and other materials at the Company’s proposed advanced graphite materials manufacturing facility expected to be located in Washington state. The Company intends to make a production decision on the Project upon completion of a Feasibility Study.
On behalf of the Board of Directors
“Anthony Houston” (signed)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be considered forward-looking statements. All statements in this release, except statements of historical fact addressing the use of proceeds from the Offering, receipt of regulatory approvals, exploration drilling, exploitation activities, and events or developments the Company expects, are forward-looking statements. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include receipt of all necessary regulatory approvals, market prices, mining and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and titles. and delays due to opposition from third parties, changes in government policies with respect to mining and the exploration and exploitation of natural resources, and the continued availability of capital and financing, and general economic, business or market conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is provided as of the date expressed in this press release, and the Company does not undertake any obligation to publicly update or revise any forward-looking information, except as be necessary. by applicable securities laws. For more information about the Company, investors should review the Company’s continuing disclosure filings that are available at www.sedar.com.
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SOURCE Graphite One Inc.